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Portland - Beaverton - Hillsboro - Lake Oswego - Tigard

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Things for Millennial Home Buyers to Consider

 More and more home buyers are entering our market each day. Many of these buyers are part of the newest and strongest segments of buyers—millennials.

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There is one specific segment of buyers that is making our market extra exciting. These buyers are part of the millennial generation (ages 18-34) and they are an integral part of our market. They will continue to be an integral part for the foreseeable future.
As you can see in the video above, the age groups with the highest percentage of people who associate homeownership with the American Dream are those in the 65+ generation and millennials. Business Insider, who did this study, also did a study that examined when these buyers plan to purchase. Over the next five years, over 60% of millennials plan to enter the market. They are going to continue fueling our market going forward.
We don’t see a slowdown coming at all. If you are looking for a larger home or to get out of your rental situation, now is a smart time to do that. We expect significant appreciation to continue for the next few years.
As for first-time home buyers, many are misinformed about how much it actually costs to buy a home. In fact, 73% of millennials are unaware of the fact that there are many down payment assistance programs available that will allow them to get into a house for just 3% to 5% down. That number can be even lower by taking advantage of certain grant programs that are available.


More and more millennials are choosing to buy.
Buying a home can be very cost-effective in the long term, and millennials are realizing this.
If you’re looking to buy and want to begin the process, a study by the National Association of Realtors showed that 89% of millennial real estate participants used a Realtor. As a buyer, it costs you nothing for competent, professional representation in a real estate transaction.
If you are thinking about buying or selling, give us a call or send us an email. We would love to speak to you about your specific situation and answer any questions you may have. We look forward to hearing from you soon!

We Owe All Our Success to You

 Thanks for helping us make 2016 one of the best years ever in the Portland real estate market!

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We wanted to take a moment to reflect back on 2016 and how you helped us make it great.

We really appreciate all of our new and repeat clients that helped our business this year. I also want to thank everyone who sent us referrals—I can't even begin to tell you how important they are to us!


Thanks for helping us make this year a great one. 

This year was an amazing one for the Portland real estate market. We saw some of the most extensive price appreciation that our country has seen in some time. In fact, we led the nation for most of the year in percentage-based appreciation. We expect 2017 to be a very similar year, even though I think the appreciation rate will slow a little bit.

If you or anyone you know is interested in buying or selling a home in the Portland area as we head into 2017, send them our way and we'll treat them well. We appreciate you thinking of us.

Happy Holidays!

How Can a Lender Help You?

Today I’m here with Pete Wease, our preferred lender, to discuss a few things about his job as a lender. For instance, what is the best part of his job? What makes a transaction a home run?

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Today I’m here with Pete Wease, our preferred lender, to discuss job satisfaction on the lending side of things. 

One of the best parts of Pete’s job is when a client gets to the closing table and signs the dotted line. “They’re smiling ear to ear,” Pete says. “That is the biggest sign of job satisfaction for me.” He knows that his clients are feeling a sense of pride and ownership when they close on their home. 

Unfortunately, there are situations where a transaction shows signs of trouble. When it looks like a deal might fall apart, Pete just takes a step back, reflects, and communicates with the client to find a solution. “Any time we close a transaction, that’s a home run,” Pete says. “The bottom line is, I am here to help you close on your loan.” 

Communication and proper preparation will get you to the closing table.


There are times when a transaction may not be able to close. Pete says, “If I can’t help you now, I will help you in the future.” Pete believes that preparation and communication are crucial to making it to the closing table. 

If you have any questions for Pete, you can give him a call at 503-267-6391 or email him at PeteW@FairwayMC.com. We have been working with Pete for four years now and it’s been a fantastic experience. We have nothing but good reviews for Pete here, so we highly recommend that you reach out to him if you are thinking of buying a home.  

If you have any other real estate questions, just give us a call or send us an email. We would be happy to help you!